Local and Regional Trucking Company

Mid West

Seller Financing Available
Local and Regional Trucking Company

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$20,000,000

EBITDA:$806,000

FF&E:$1,700,000

Inventory:N/A

Established:2008

Local and Regional Trucking Company

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Business Description

The Company offers local, regional, and interstate trucking services, specializing in dry goods and freight hauling. The Company operates a modern fleet of tractors as well as standard trailers for full-truckload (FTL) deliveries. With a superior industry reputation, equipment capabilities, strong customer relationships, industry expertise, and solid management team, the Company is well-positioned for growth.
The Company specializes in the transportation of dry goods with an operating asset base of approximately 11 tractors, 75 trailers, and other support equipment to ensure efficient operations.
The Company targets various market segments across the US and maintains a base of approximately 150 customers with over 98% of revenue coming from recurring customer deliveries.

* Strong Customer Relationships: The Company has strong ties to clients due to its industry expertise and excellent customer service. Specifically, the Company’s database includes approximately 150 customers.
* Broad Geographic Markets: The Company provides services to customers across a broad geographic region. The Company intends to further penetrate these geographic market segments and expand into new target markets during the pro forma period.

* Qualifications: The Company’s structure, equipment capabilities, and management systems are designed to provide clients with interdisciplinary specialty trucking services.

Detailed Information

Employees:
107
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The facility comprises 3,000 square feet, and is utilized for office purposes. Comany also has a local drop yard that is used for equipment storage. The facilities are leased from a third party at the market rate, and can accommodate significantly higher revenues without major facility improvements or capital equipment expenditures.
Competition:
The Company is well-positioned within its region, and is known for providing high-quality transportation solutions. Regional and national competitors include other carriers that specialize in respective transportation services.
Growth & Expansion:
Management cites opportunities to grow revenues and profits above and beyond the projections. Those opportunities can be discussed with management.
Support & Training:
Owners are available for transition period to be discussed
Reason for Selling:
A more resourceful owner can significantly increase market share

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Novant Capital Group

Business Listed By:
Novant Capital Group

Novant Capital Group

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